How does the apply to an organization

Assignment Help Accounting Basics
Reference no: EM132763091

Question: The final phase of an audit is addressing contingent liabilities and their relation to the audit. Please discuss a review for contingent liabilities, letters from the client's lawyers and post-balance-sheet review for subsequent events. How does this apply to an organization?

Reference no: EM132763091

Questions Cloud

What is the amount that nc will record for interest expense : On January 1, 20X6, Nellie Corp. (NC) entered into a lease agreement contract that entitled it to use equipment. Details of the contract follow.
How do prepare the necessary journal entries for larkspur : Prepare the necessary journal entries for Larkspur. July 12 Sold $86,000 of solar panels to Blue Spruce Corp. with terms of 3/10, n/60.
What is yield to maturity and what is the effective return : If the bond is currently trading on the market at Rp915,500, what is the yield to maturity and what is the effective annual return?
Compute what amount should the inventory be valued : Silent Corporation decided to reclassify/transfer the property, On the date of transfer, what amount should the inventory be valued?
How does the apply to an organization : The final phase of an audit is addressing contingent liabilities and their relation to the audit. Please discuss a review for contingent liabilities.
Find how much of the items was included in operating income : Find How much of the items was included in operating income? Cash collections from customers for services yet to be provided totaled $45,000.
What is inside dose rate : You are taking samples and your R1 dose is 25 cGy/h. You have been in the area for 3 hours and originally entered the area 6 hours after the burst
What gain or loss would the partnership recognize : Keith has a 35?% interest in the KLM Partnership. Leonardo ?(Keith?'s ?son) also has a 20?% interest. An individual unrelated to either Keith or Leonardo holds.
What is the fundamental value in year for company : X's dividend growth rate will be 16.1%. Using the two-stage dividend discount model (DDM), what is the fundamental value in year 2022?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd